India’s consumer inflation plunged to 5% in September from 6.8% in the preceding month while in a pre-festival surge, industrial production rose to a 14-month high of 10.3% in August, data released on Thursday showed.
Infosys posted a 3.2% on-year growth in net profit for the second quarter, but narrowed its annual revenue growth guidance and reduced headcount sharply.
Samsung Electronics Co. Ltd is on the verge of reaching the ₹1 lakh crore annual revenue milestone in India, about 27 years after the South Korean consumer electronics and appliances company started operations in the country.
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